Exercise of Options

RNS Number : 2154N

Scotgold Resources Ltd

30 August 2011

 



SCOTGOLD RESOURCES LIMITED ("SCOTGOLD" OR THE "COMPANY")

EXERCISE OF OPTIONS

Scotgold (ASX:SGZ, AIM: SGZ) wishes to announce that it has allotted 7,128 ordinary shares of zero nominal value in the Company following the exercise of options with an exercise price of AUS$0.08 per share.

An application for admission of the new shares to trading on AIM will be submitted and trading is expected to commence on 5 September 2011.

The total number of shares in issue following the exercise of options is 161,329,030.

For further information please contact:

United Kingdom:

Scotgold Resources Limited	Westhouse Securities Limited	Bankside Consultants
John Bentley (Chairman) Chris Sangster (CEO)	Richard Baty / Petre Norton	Simon Rothschild /Elena Kuza
Tel: [phone]	Tel: [phone]	Tel [phone]

Australia:

Scotgold Resources Limited	Professional Public Relations
Shane Sadleir (Non-Executive Director)	Karen Oswald
Tel:       [phone] Mobile: [phone]	Tel:      [phone] Mobile: [phone]

 

END

 

 

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